Climate finance
Green dreams: judging the BRICS bank climate ambitions
ANALYSIS: Launched to great fanfare in Fortaleza, opinion is mixed on whether the emerging economy fund will be a force for good
China coal demand to peak by 2020 – Standard & Poor
NEWS: Study suggests US and China coal curbs could make future investments in sector risky
UK renews commitment to climate change targets
NEWS: Energy secretary Ed Davey has seen off calls to weaken pollution controls, reaffirming the UK’s green ambitions
Saudi Arabia blocks action on super-polluting HFCs
NEWS: A deal to phase out potent greenhouse gases used for air conditioning and fridges is within reach but Saudi Arabia is concerned substitutes will not work
World Bank sees ‘momentum’ behind global carbon price
NEWS: Top climate change official Rachel Kyte says Australia’s decision to ditch carbon price won’t change international picture
Morocco hailed as climate ‘poster child’ after oil subsidy axe
NEWS: Government move to stop funding cheap petrol and diesel hailed as major progress by World Bank’s Rachel Kyte
Climate denying Europhobes threaten UK growth – Ed Davey
NEWS: UK energy secretary warns that right-wing parties could destabilise the climate for investment in energy, including renewables
Climate-friendly bonds are worth US$500bn – report
NEWS: The growing green bond market could stimulate low carbon investment and complement the divestment movement, says think-tank
Global outrage as Australia cans carbon tax
NEWS: After a thwarted attempt last week, the Australian senate has now repealed a levy on climate polluters
German development bank issues €1.5bn green bond
NEWS: In a sign of the growing popularity of green bonds, KfW’s first offering was oversubscribed
Should the arts reject money from oil companies?
COMMENT: As churches and universities divest from fossil fuels, it’s time for the cultural industries to follow suit
Merkel returns to climate politics with call for EU leadership
NEWS: German chancellor pledges €750m to Green Climate Fund and demands politicians take climate science seriously
Apple cuts carbon footprint by 3%
NEWS: Apple has reduced its carbon impact by 3% and admits “there’s still a lot of work to be done”
World Council of Churches divests from fossil fuels
NEWS: A group representing half a billion Christians has said it will no longer invest in coal, oil and gas
EU blames Moscow for Green Climate Fund cash freeze
NEWS: Row over board membership means European funds cannot be used in flagship low carbon finance mechanism
Shell ‘short sighted’ on climate risk – study
NEWS: Oil company Shell is failing to account for long term climate risks, according to detailed analysis from the Carbon Tracker Initiative
Growing green bond market raises US$20bn in six months
NEWS: More than US$20 billion worth of green bonds have been issued since the start of 2014
UK climate laws have ‘negligible’ impact on business – LSE
NEWS: Green policies are not driving UK businesses abroad as critics claim, say leading academics
Australian bishop accuses Tony Abbott of “denigrating” climate science
NEWS: Climate pressure ramped up on Prime Minister, as Anglican church backs moves to ditch oil, gas and coal holdings
UK Lords set to examine Arctic oil drilling
NEWS: A newly formed UK Arctic Committee is putting controversial oil drilling plans under the microscope